IPDP vs. QDVO
Compare and contrast key facts about Dividend Performers ETF (IPDP) and Amplify CWP Growth & Income ETF (QDVO).
IPDP and QDVO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IPDP is an actively managed fund by Innovative Portfolios. It was launched on Dec 24, 2018. QDVO is an actively managed fund by Amplify. It was launched on Aug 22, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IPDP or QDVO.
Correlation
The correlation between IPDP and QDVO is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IPDP vs. QDVO - Performance Comparison
Key characteristics
IPDP:
25.89%
QDVO:
23.04%
IPDP:
-31.85%
QDVO:
-17.75%
IPDP:
-16.96%
QDVO:
-12.92%
Returns By Period
The year-to-date returns for both investments are quite close, with IPDP having a -9.91% return and QDVO slightly higher at -9.77%.
IPDP
-9.91%
-10.34%
-13.24%
3.31%
N/A
N/A
QDVO
-9.77%
-5.10%
-4.62%
N/A
N/A
N/A
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IPDP vs. QDVO - Expense Ratio Comparison
IPDP has a 1.52% expense ratio, which is higher than QDVO's 0.55% expense ratio.
Risk-Adjusted Performance
IPDP vs. QDVO — Risk-Adjusted Performance Rank
IPDP
QDVO
IPDP vs. QDVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dividend Performers ETF (IPDP) and Amplify CWP Growth & Income ETF (QDVO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Not enough dataDividends
IPDP vs. QDVO - Dividend Comparison
IPDP's dividend yield for the trailing twelve months is around 4.51%, less than QDVO's 5.70% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
IPDP Dividend Performers ETF | 4.51% | 3.97% | 1.88% | 2.85% |
QDVO Amplify CWP Growth & Income ETF | 5.70% | 2.78% | 0.00% | 0.00% |
Drawdowns
IPDP vs. QDVO - Drawdown Comparison
The maximum IPDP drawdown since its inception was -31.85%, which is greater than QDVO's maximum drawdown of -17.75%. Use the drawdown chart below to compare losses from any high point for IPDP and QDVO. For additional features, visit the drawdowns tool.
Volatility
IPDP vs. QDVO - Volatility Comparison
Dividend Performers ETF (IPDP) has a higher volatility of 20.63% compared to Amplify CWP Growth & Income ETF (QDVO) at 13.57%. This indicates that IPDP's price experiences larger fluctuations and is considered to be riskier than QDVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.